Venture to Vietnam with IE Singapore
Attractive emerging market
With consistently strong annual growth of over 6% since the start of the decade, Vietnam has become an attractive destination for many investors.
The Straits Times distills the key opportunities in one of Southeast Asia's fastest growing markets. Learn why now is the time to do business in Vietnam: Read more
A maturing consumer services sector, sound manufacturing fundamentals and numerous infrastructure opportunities are reasons why investors are excited about doing business in Vietnam.
Vietnam has a range of free trade agreements (FTAs) in place, and is in the process of negotiating and ratifying more. Notable ones include the Vietnam-European Union FTA and the Regional Comprehensive Economic Partnership. Manufacturers which venture into Vietnam will enjoy low tariffs, boosting their exports to top markets such as the EU, US, Japan and Australia – an advantage which cements Vietnam’s position as a rising manufacturing hub.
2016 marked the twentieth anniversary of the Vietnam-Singapore Industrial Park joint venture. With a potential expansion of 1,500ha and new parks in the pipeline, industrial ties between Vietnam and Singapore are set to grow even stronger: Read more
Sustained economic reforms
Economic liberalisation continues to gain momentum in Vietnam. The conversion of state-owned enterprises into publicly-listed corporations is expected to accelerate, more public-private partnerships are on the way, and key manufacturing sectors are set to continue expanding. Updates to Vietnam’s Investment Law have made it easier for foreigners to do business there, while changes to real estate laws mean that foreigners can now purchase land and buildings, subject to certain conditions.
We explore how the latest reforms have generated renewed optimism among investors when it comes to doing business in Vietnam: Read more
As part of its infrastructure drive, the Vietnam government is putting in place frameworks and regulations for public-private partnerships. Other efforts to attract private sector investment include the introduction of project development funds and gap financing options, and the active promotion of flagship projects by the Ministry of Planning and Investment.
We outline the role of public-private partnerships in Vietnam's infrastructure drive and the ensuing opportunities for Singapore firms: Read more
FAQs on doing business in Southeast Asia
Find the answers to all your questions on industries with the most potential, navigating potential pitfalls, leveraging government support and more.
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ASEAN Webinar: Opportunities for you in Southeast Asia
Click here to watch the highlights.
Interview with The Business Times
Ivan Tan, our Group Director for Southeast Asia speaks to The Business Times on why Southeast Asia’s strong demand for infrastructure and consumer goods and services will continue driving the region’s growth.
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